Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.53 percent to 4,018.60 points.

The Shenzhen Component Index closed 0.18 percent higher at 13,427.61 points.

The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, fell by 0.92 percent to close at 3,178.83 points.

The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.